Despite the ongoing war, Ukraine presents several advantages that may attract potential investors seeking long-term benefits. This perspective was highlighted by Maxim Timchenko, CEO of DTEK, in an interview with the German publication Handelsblatt.
Timchenko acknowledged that discussions about investments during wartime may seem unusual. However, he emphasized that companies entering the Ukrainian market now could find themselves among the long-term beneficiaries.
He noted, “We have vast gas reserves, significant storage capacities, enormous potential for wind and solar energy, ample land, and a highly skilled engineering workforce. The war has also completely transformed collaboration between the public and private sectors.”
Since the onset of the full-scale invasion, DTEK has invested €2.4 billion to support the energy system. These funds have been allocated for the restoration of energy facilities damaged by shelling, as well as for the construction of new capacities and energy storage systems.
Timchenko emphasized that the development of renewable energy is a priority for the company. He stated, “For me, renewable energy sources are not an ideological issue but a matter of security and independence. That is why renewable energy technologies are among the most important for Europe’s future.”
Ukraine's energy sector, despite the ongoing conflict, offers significant investment opportunities, particularly in renewable energy. DTEK's substantial investments highlight the potential for long-term gains in the country's energy infrastructure.
Source: RBK-Ukraine